Wall Street: a rebound occurs, Palantant is distinguished – 04/02/2025 at 5:50 pm

(Circlefinance.com) – After two decrease sessions, Wall Street is trying to start up on Tuesday in a context of relative appeasement of trade tensions.
At the end of the morning, the Dow Jones resumed 0.2% to 44,511.9 points, while the Nasdaq Composite bounces more than 1.3% to 19,650.8 points.
New York indices had already managed to limit their withdrawal on Monday, the White House having decided to suspend customs duties in Mexico and Canada for at least 30 days.
In response to the surcharge announced this weekend by Donald Trump against Chinese products, Beijing announced on Tuesday its intention to impose additional customs duties on certain American products.
But many investors expect a limited stock market reaction, recalling that the 2019/2020 trade sequence had not prevented Wall Street from sailing records in records.
‘Even if we will continue to closely follow the commercial policy, our basic scenario still provides that the S&P 500 will reach 6,600 points by the end of the year’, underlines Mark Haefele, director of investments at UBS Global Wealth Management, UBS’s wealth management division.
‘If they are implemented, the customs duties imposed in Canada and Mexico are unlikely to be maintained, the resistance of American economic growth should support actions, and we continue to think that AI represents A powerful structural rear wind for profits and equity markets’ recalls the strategist.
The trend is also doped by the specialist in predictive AI Palantir, who flies by 25% after results of the 4th trimester ‘impressive’ supported by a harvest of new contracts.
Merck weighs heavily on the DOW by winning more than 10% following the presentation of perspectives deemed disappointing for 2025.
In the economic chapter, orders to industry were taken by 0.9% in December, according to the Commerce Department, after having already signed a decline of 0.8% in November.
The number of job offers has dropped from 556,000 from one month to the next to return to 7.6 million in January, an additional sign of the slowdown in the American labor market after the sustained growth observed in recent years .